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If Social Security Is Privatized

Question 10

Multiple Choice

If social security is privatized:


A) the contributors would receive fixed and defined retirement benefits.
B) the contributors would earn on the basis of pay-as-you-go system.
C) individuals would be paid on the basis of their incomes.
D) individuals would earn returns on their investments made out of their savings.
E) individuals would not be required to pay taxes and hence would receive no benefit.

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